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KWG Resources Inc C.CACR

Alternate Symbol(s):  C.CACR.A | KWGBF

KWG Resources Inc. is a Canada-based exploration stage company. The Company is engaged in the discovery, delineation, and development of chromite deposits in the James Bay Lowlands of Northern Ontario. It is focused on two projects, which include Black Horse Project and Big Daddy Project. The Company’s Black Horse Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Black Horse chromite deposit, including over 1,024 hectares covered by four unpatented mining claims. The Big Daddy Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Big Daddy chromite deposit, including over 1,241 hectares covered by seven unpatented mining claims. The Company also owns a 30% interest in certain mining property claims contiguous to McFauld’s Lake in Ontario. Its subsidiaries include Canada Chrome Corporation, SMD Mining Corporation, Canada Chrome Mining Corporation, and Muketi Metallurgical General Partner Inc.


CSE:CACR - Post by User

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Post by jamesbayon Feb 09, 2016 8:35am
133 Views
Post# 24538775

First Nations sue Ottawa for failure to protect oil, gas rig

First Nations sue Ottawa for failure to protect oil, gas rig

First Nations have launched a class-action lawsuit against the federal government claiming they are owed an estimated $3-billion because the agency responsible for protecting their oil-and-gas rights has, for decades, allowed those resources to be drained away without demanding that indigenous communities be compensated.

A statement of claim was filed in the Federal Court late Monday afternoon by the Poundmaker Cree Nation and the Onion Lake Cree Nation on behalf of the roughly 70 First Nations that have had their oil-and-gas reserves managed by Indian Oil and Gas Canada (IOGC).

The potentially costly suit comes at a time when the Liberal government, which is facing a ballooning deficit, is promising to reset the relationship with Canada’s indigenous peoples and to find ways to increase the revenues of First Natio


https://www.theglobeandmail.com/news/politics/first-nations-sue-ottawa-for-failure-to-protect-oil-gas-rights/article28661934/
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